Business & Finance: U. S. Steel Groomed

After an uninterrupted advance during most of the summer, steel
operations dropped a half point last week to 50% of capacity. Demand
from the automobile industry was slackening as motor-makers
retooled for new models. But like most businessmen, steelmasters were
less interested in current figures than in speculating upon the
aftermath of Labor Day, traditional turning point in the trend of
trade. This year forecasts of an autumn upswing are almost unanimous,
and corporations large & small are being groomed for better business.